Foxconn replaces 60,000 humans with robots in China

And then there will be a Robot Revolution (iRobot style); but don’t fret, that will be a loooong time off. 😉

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http://www.marketwatch.com/story/foxconn-replaces-60000-humans-with-robots-in-china-2016-05-25?link=sfmw_fb

The first wave of robots taking over human jobs is upon us.

Apple Inc. AAPL, supplier Foxconn Technology Co. 2354, has replaced 60,000 human workers with robots in a single factory, according to a report in the South China Morning Post, initially published over the weekend.

This is part of a massive reduction in headcount across the entire Kunshan region in China’s Jiangsu province, in which many Taiwanese manufacturers base their Chinese operations.

Roughly 600 companies are reportedly looking to reduce headcount with robots, as part of an effort to accelerate growth and reduce costs, according to the Chinese newspaper, which cited data from the Kunshan government. Last year, 35 Taiwanese companies, including Foxconn, spent a total of 4 billion yuan ($610 million) on artificial intelligence as part of this initiative, according to the report.

While developing AI does present higher upfront costs, machines are seen as more predictable…

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About Kenneth T.

My blog, My way Welcome to a little piece of my life. Here you will find things concerning my everyday experiences and or my thoughts on everyday happenings. For instance you may find thoughts of my Farmstead, which is as my wife calls it, our Accidental Farming life. Perhaps on a whim, I might just jump on a soap box about what's going on with my crazy family (the immediate one, that is).~You don't need to put a penny in the coin slot for any commentary there~ You may find, new additions to what I call "Hobby-time". Ahh yes, my hobby... I make pinback buttons (some call them badges). Sorry for the shameful plug ;-) *** And then there is the outside the box or "Offtrack" thinking, part of me. Which can be anything else from aliens to the zoology of the Loch Ness monster, but will probably be more mundane as health concerns, for instance, to vaccinate or not. Is the Earth Flat or is it Hollow? Is there a dome? Is any of it real? Do you really want to know? Police brutality and the continuing corruption of established government, Big Business, Big Oil, Big Brother. Can we survive? Should we survive? The coming montrary collapse. There is so much going on, more then we see outside our windows.
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One Response to Foxconn replaces 60,000 humans with robots in China

  1. Kenneth T. says:

    As long as it is mankind that programs these things there will continue to be corruption and greed, when they learn to program themselves; destruction.
    Its inevitable.

    Like

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